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FRC to Host Summit on AI-Driven Audit Standards

The Financial Reporting Council of Nigeria (FRC) will host its 2026 Audit and Assurance Leadership Summit on August 13 in Lagos. The event, themed "Audit Integrity in the AI Era: Independence, Accountability and Reliable Financial Reporting," aims to address how artificial intelligence is transforming financial reporting and audit processes. Regulators, industry leaders, and auditors will gather to discuss the development of a robust framework to maintain audit quality, independence, and professional ethics as AI adoption scales across the corporate sector.

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